Abstract
This article provides a general overview of spatial economics, which covers location theory, spatial competition, and regional and urban economics. After a brief review of the main theoretical traditions, the fundamental role of non-convexities and imperfect competition is highlighted. The main challenges faced by theoretical and empirical research are also discussed, followed by a broader discussion of the relationship between this field of research and other sub-fields of economics and other disciplines.
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Duranton, G. (2018). Spatial Economics. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1647
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DOI: https://doi.org/10.1057/978-1-349-95189-5_1647
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Print ISBN: 978-1-349-95188-8
Online ISBN: 978-1-349-95189-5
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